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MNI BRIEF: Weak Yen Raises Capex, Materials Costs - BOJ

(MNI) Tokyo
(MNI) TOKYO

Some major Japanese electric power and gas firms have noted increased costs of overseas projects, while a a medium-size transport firm has experienced increased raw materials and difficulty hiring non-Japanese workers due to the weak yen, the Bank of Japan revealed Monday.

The BOJ released its survey of corporate activities after mid-1990s as part of comprehensive review.

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Some major Japanese electric power and gas firms have noted increased costs of overseas projects, while a a medium-size transport firm has experienced increased raw materials and difficulty hiring non-Japanese workers due to the weak yen, the Bank of Japan revealed Monday.

The BOJ released its survey of corporate activities after mid-1990s as part of comprehensive review.

Keep reading...Show less